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Old 06-05-2011, 02:09 PM   #1
Homeslice
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Originally Posted by Avatard View Post
I missed the part where homeowners actually caused the housing price bubble, and then benefited from its crash, resulting in one of history's greatest land grabs by banking robber barons since before the Fed was established.

Oh, wait...that's because that's not exactly how it went, right?

It certainly didn't help that people bit off more than they could chew, and/or didn't have the brains to read the small print and take a more acceptable amount of risk.

p.s. I like the 'OWNED'

Last edited by Homeslice; 06-05-2011 at 02:30 PM..
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Old 06-05-2011, 02:18 PM   #2
tommymac
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Originally Posted by Homeslice View Post
It certainly didn't help that people bit off more than they could chew, and/or didn't have the brains to read the small print and take a more acceptable amount of risk.

p.s. I like the 'OWNED'
Probably didnt help that the banks were telling people wha tthey wanted to hear and jumped into these loans without doing their homework.
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